Finding new technology for your organization can be stressful and time-consuming, but with businesses always growing and changing, adding new technology is necessary in many cases. Choosing the right technology can help optimize operations and achieve strategic goals, but choosing the wrong technology can stagnate or even hinder your organization’s success. One crucial factor to […]
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“Suppliers who can submit invoices through electronic means generally can get paid faster and experience less payment issues from keying errors in the buyers AP department,”
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Today as cloud based applications are becoming more ubiquitous, AP automation, including many of the sophisticated technologies that were out of reach in the past, has become more affordable and available to many more companies.
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Lately one trend seems to be a swing back to companies looking at “best-of-breed’ solutions to address a myriad of business issues. This seems to be reversing a cycle where many CIOs were choosing to go with ubiquitous ERP systems to address most of their business processes.
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By taking a proactive approach you can better manage your critical supply chains and avoid costly delays and last minute surprises. ICG’s solution even provides the capability for the buying organization to request updates on specific line items within the PO.
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How going remote can help your company The COVID19 pandemic brought about many changes in our daily lives, many of which were temporary. But other aspects of our daily lives, and in particular our professional lives, will be changed for the long term. One such example is in the workplace, especially as the remote workforce […]
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While very few of us will miss 2020 and are happy with the arrival of 2021, certainly many challenges remain before us. At ICG we are optimistic about the weeks and months ahead and with the proper planning and preparation opportunity abounds. We see three major themes emerging for 2021 and beyond for financial back-office […]
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First, all of our solution pricing will still be based on a “fixed fee” model where what we quote is what you pay… period! What has changed is we have evolved our pricing model from module based pricing to function based pricing.
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While finance and treasury departments are arming themselves with tools and processes to help monitor and conserve cash in these uncertain times, Accounts Payable can play a prominent role in this process as well.
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Push non-value add tasks back to your vendors Vendor self-service is hardly a new concept, it has been gaining traction steadily, especially with larger companies. Using the many procure-to-pay tools and systems available, companies can reduce costs by delegating non-value add tasks to their vendors. Vendor self-service is a tool that applies to almost every […]
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